Pope Memorial Library

Analysis

Pope Memorial Library is a registered charity in United States, based in North Conway, NH. It received its IRS tax-exemption ruling in August 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pope Memorial Library reported income of $256k and spending of $357k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $256k (-77%), an average of -31% a year. The sharpest change came in the year to December 2022, when income rose by 251%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pope Memorial Library sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within NH. Charities of a similar size with the same main cause include Ekwanok Scholarship Trust Inc ($256k), Association for Christians in Student Development ($256k) and Professional Golfers Association of America Michigan Section ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 4.1% of the total. Other salaries and wages came to $121k. At year end it held assets of $7.5m against liabilities of $12k, net assets of $7.5m. It reported 10 employees.